BARKER MICHAEL H 4
4 · COMSYS IT PARTNERS INC · Filed Apr 6, 2010
Insider Transaction Report
Form 4
BARKER MICHAEL H
EVP & Chief Operating Officer
Transactions
- Disposition from Tender
Non-Qualified Stock Options
2010-04-05−50,010→ 0 totalExercise: $8.55Exp: 2014-10-01→ Common Stock (50,010 underlying) - Disposition from Tender
Common Stock
2010-04-02−204,836→ 0 total - Disposition from Tender
Non-Qualified Stock Options
2010-04-05−33,343→ 0 totalExercise: $8.55Exp: 2014-10-01→ Common Stock (33,343 underlying) - Disposition from Tender
Non-Qualified Stock Options
2010-04-05−5,549→ 0 totalExercise: $8.55Exp: 2014-10-01→ Common Stock (5,549 underlying) - Disposition from Tender
Non-Qualified Stock Options
2010-04-05−2,775→ 0 totalExercise: $8.55Exp: 2014-10-01→ Common Stock (2,775 underlying) - Disposition from Tender
Non-Qualified Stock Options
2010-04-05−5,549→ 0 totalExercise: $8.55Exp: 2014-10-01→ Common Stock (5,549 underlying) - Disposition from Tender
Incentive Stock Options
2010-04-05−10,000→ 0 totalExercise: $7.80Exp: 2013-04-14→ Common Stock (10,000 underlying) - Disposition from Tender
Incentive Stock Options
2010-04-05−30,000→ 0 totalExercise: $11.70Exp: 2013-04-14→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]Of these shares, which include restricted shares under the Issuer's employee benefit plans, 140,096 were tendered and accepted for exchange pursuant to an offer by Taurus Merger Sub, Inc., a whollyowned subsidiary of Manpower Inc., to exchange each share of common stock for either (i) cash in the amount of $17.65, without interest, or (ii) 0.304 of a share of Manpower common stock, subject to proration under the terms of the offer, and 64,740 were surrendered to the Issuer to cover withholding of taxes in connection with the vesting of the restricted shares upon the change of control resulting from the offer.
- [F2]All stock options are vested and exercisable.
- [F3]As of the effective time of the merger of the Issuer and Taurus Merger Sub, Inc. subsequent to the consummation of the exchange offer, and under the terms of the agreement and plan of merger between Manpower, Taurus Merger Sub and the Issuer and resolutions adopted by the Issuer's board of directors pursuant to Rule 16b-3, each stock option was cancelled in exchange for a cash lump-sum payment equal to (i) the number of shares covered by the option multiplied by (ii) the amount by which $17.65 exceeds the option price (less any required withholding of taxes).